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Inventories

Know what you hold and what it is worth

Every way stock moves has a name and a value. In, out, transferred, issued or wasted, and the books move with it.

Winter Jacket
Product·ACC-002·UnitApparel
Print LabelEdit
OverviewMovementAnalyticsAdjustmentsAll Locations
Stock on Hand
412.00
Reserved
48.00
Available
364.00
Sold
1,286.00
Inventory Value
USD 18,540.00
@ USD 45.00 avg
Inventory by Location4 locations
LocationOn handReservedAvailableValue
London Office186.0024.00162.008,370.00
Manchester Depot142.0018.00124.006,390.00
New York Office62.006.0056.002,790.00
Leeds Store22.0022.00990.00
What you hold, and what it is worth

Set up once, sold anywhere

One item record with its units, its prices per location and its reorder point, behind every screen that touches it.

Nothing moves unnamed

Purchase, sale, return, transfer, issue, waste, write off. Every movement carries what kind it was and what it was worth.

Count and correct

Count what is there, record the difference against what the system thought, and let the books follow.

Value it your way

Weighted average, first in first out, standard, retail and more, chosen per item rather than forced on the business.

01Set it up

Build the item record once

The same product is a different code in the shop and a different price in every location. Everybody keeps their own record.

One record carries the units you trade in, the price each location charges, what it costs, and when to reorder.

See how it is set up

Register what you sell, make and consume

Products you resell, materials you consume, services you charge for. One register, grouped into categories, with photographs and supplier documents on the record.

See how purchases work
InventoriesAll locations
All (92)Category1–50 of 92
ItemTypeStatusOn handAvailable
Winter Jacket
ACC-002
ProductIn stock412.00364.00
Baking Powder
PR-BAK-4CF234
MaterialIn stock57.0057.00
Annual Maintenance
SRV-004
ServiceNot stockedn/an/a
Ballpoint Pens
STA-003
ProductLow stock18.0012.00
Desk Lamp
HOM-014
ProductOut of stock(15.00)(15.00)
Products, materials and services, one register
London OfficeActiveSales Outlet
4 Bishopsgate, London EC2
OverviewPerformanceStockAssets
InventoryTransfers 4Allowed Items
Items
38
Qty
21,679.54
Value
USD 194,000.00
ItemSKUQuantityUnit costValue
Winter Jacket
Unit
ACC-002186.0045.008,370.00
Ballpoint Pens
Carton
STA-00397.0020.001,940.00
Canvas Tote
Unit
ACC-011513.006.203,180.60
What each branch holds, and its worth

Buy in cartons, sell in units

Set the unit you count in, then the ones you trade in. Buy a carton, sell a bottle, and the stock figure stays in one honest unit.

See how invoicing works

What the record carries

Enough on one item that nobody needs a second place to keep things.

Type, category, code and description
Reorder point, so low stock finds you
Units to buy in, units to sell in, one unit underneath
Photographs, specifications and supplier documents
Cost, price, and a price list per location
Bulk import from the spreadsheet you keep today

Price it differently in each location

A price list per location, per customer type or per season, with the history of what it used to be. The counter reads the list for where the sale happened.

See how business units work
Items at London Office
Only assigned items sell here, at the rate set for this branch
Center-specific items. 58 items assigned to this branch.
NameTypeRate
Winter Jacket
ACC-002 · Apparel
ProductUSD 78.00
Ballpoint Pens
STA-003 · Stationery
ProductUSD 5.00
Annual Maintenance
SRV-004 · Professional Services
ServiceUSD 600.00
Baking Powder
PR-BAK-4CF234 · Ingredients
MaterialUSD 2.20
London Office
USD 78.00
same item
Leeds Store
USD 72.00
The counter reads its own branch
02Bring it in

Receive it once, into the right place

Goods arrive, somebody signs the delivery note, and stock is updated days later. Meanwhile the shop is selling what the system says it lacks.

Receive against what was ordered and stock moves then, at the location it arrived at, at what it cost.

See how purchases work

Move stock when the goods arrive

Receiving is its own step, so the shelf is right before the paperwork catches up. Production output, customer returns and opening stock enter the same way.

See how productions work
01
Received against the order
Quantities received against quantities ordered, at the location it arrived at.
02
Stock moves at that moment
Not when the bill is entered, and not when somebody remembers.
03
One way in for everything
Production output, customer returns and opening stock all enter here.
03Move it

Name every movement, including the awkward ones

Stock leaves for reasons nobody records. Used, taken, broken, thrown out. It becomes a shortage found at the count with no explanation.

Transfers, issues to production, operational use, waste and write offs each have their own name. A shortage is explained rather than discovered.

See how reports work

Move stock and its value together

Send stock from one location to another and both sides move at once, quantity and value. The receiving location holds it at what it actually cost.

See how business units work
Bulk Stock Transfer
From London Office
Single DestinationBatch Distribution
Transfer Date
22/08/2026
Destination Center *
Manchester Depot
Items to Transfer+ Add Item
ItemQtyUnit costValue
Winter Jacket4045.001,800.00
Canvas Tote1206.20744.00
Items: 2 · Total Qty: 160USD 2,544.00
London Office
− USD 2,544.00
Manchester Depot
+ USD 2,544.00
Both sides move at once
The whole pointCounting what moved.

The shelf and the books agree.

Turn one thing into another

Break a sack into bags, combine parts into a kit, or work back from what you sold. One thing leaves stock and another enters, with the value carried across.

See how productions work
Recipe Transform
Combine raw materials into finished goods — cost carried automatically
Inputs consumed+ Add input
Flour — 25kg sack
4
18.40
Baking Powder
2
3.10
Outputs produced+ Add output
Sourdough loaf — 800g
120
Location
Manchester Depot
Date
22/08/2026
Additional cost (optional)
42.00
Cost account
Production overhead
Total input costUSD 121.80
Cost per output unitUSD 1.015
Estimate — final cost is computed by the system on save.
The value carries across
04Count it

Count it and record the difference

The count says one thing and the system another, so somebody types over the system figure. The difference vanishes and so does the explanation.

Enter what is there. The difference is recorded as a correction with a reason, and the books take the hit.

See how accounting works

Correct it without hiding it

Every correction says which way it went and why: counted short, counted over, wasted, written off. Quantity and value both move, with a name on it.

See how reports work
OverviewMovementAnalyticsAdjustments
Opening Balance
Set initial qty
Qty Adjustment
Adjust +/−
Write-off
Remove stock
Transform
Convert to another
Quantity adjustment
System says
412.00
Counted
406.00
Difference
(6.00)
Reason
Counted short
Value effect− USD 270.00
Adjustment History
DateTypeQtyUser
14 AugCounted short(6.00)M. Bell
2 AugWasted(2.00)S. Chen
A correction with a name on it
Desk LampOut of stockHOM-014 · Home
Stock on Hand
(15.00)
quantity keeps going
Inventory Value
USD 0.00
value stops at zero
Sold
15.00
against nothing held
Stock Movementwhat caused it
DateDoc noTypeOutBalance
31 JulSRP000155Sales receipt1.00(4.00)
12 AugINV000107Invoice6.00(10.00)
15 AugSRP000185Sales receipt5.00(15.00)
The problem stays on screen

Let negative stock stay visible

When stock goes below zero the value stops at zero but the quantity does not. The problem stays on screen instead of being smoothed away.

See how accounting works
05Value it

Value stock the way your accountant wants

The system values stock one way and your accountant wants another. So the real figure gets worked out in a spreadsheet at year end.

Choose the method per item and the value is right all year. Weighted average, first in first out, standard, retail, or item by item.

See how accounting works

Pick the method item by item

Raw materials on weighted average, serialised equipment tracked individually, retail lines on cost to retail. Several methods, each on the items it suits.

See how it is set up
Raw materials
Weighted average
Flour, powder, anything that pools together in a bin.
Serialised equipment
Tracked individually
Each unit carries its own cost, because each one is its own thing.
Retail lines
Cost to retail
Shelf-priced goods, valued back from what they sell for.
Made in house
Standard cost
A rate you set, with the variance visible rather than buried.
Stock overview92 items total
Out of stock
6
6 items
Low stock
14
below reorder level
Reserved
242
units committed
Incoming
3,480
units on the way
Slow moving
Winter Jacket184 days
Desk Lamp121 days
Canvas Tote74 days
Inventory operations
Purchasing, manufacturing, material use, and finished-goods sales.
Finished goods purchased
Received through GRNs or Bills
USD 132,400
16.1K Unit
Raw materials purchased
Material items received
USD 14,200
8.7K Unit
Raw materials consumed
Finalized production inputs
USD 22,100
11.7K Unit
Read from movements, not a stocktake

See what the shelves are worth today

By location, by category, or as one figure. What is not moving, what is about to run out, and what has been wasted. Read from movements, not a stocktake.

See how reports work

Questions people ask first

Can I value different items in different ways?

Yes. The method sits on the item rather than on the business, so raw materials can run on weighted average while serialised equipment is tracked individually and retail lines run on cost to retail.

Which method should I pick?

Weighted average suits most businesses and is the default. Your accountant will have a view on the rest, and the point is that you can follow it per item rather than being told which one to use.

What happens if stock goes below zero?

The value stops at zero but the quantity does not. The problem stays on screen as a negative rather than being smoothed away, because a shortage you cannot see is a shortage you cannot fix.

Can freight and duty reach what the item cost?

When they are on the same bill as the goods, yes. They spread across the items by value so the shelf carries the landed cost. Freight invoiced separately by a different supplier does not attach on its own.

Do transfers between locations carry the value?

Yes. Both sides move at once, quantity and value, so the receiving location holds the stock at what it actually cost rather than at nothing.

Can I buy in one unit and sell in another?

Yes. Set the unit you count in, then the ones you trade in. Buy a carton, sell a bottle, and the stock figure stays in one honest unit throughout.

What happens when a count disagrees with the system?

You enter what is actually there and the difference is recorded as a correction with a reason on it, not typed over. Quantity and value both move and the entry carries a name.

Does selling something move the stock?

Yes, in the same action as the sale, whether it went over a counter or on an invoice. What it cost you is written against the sale at the same moment.

Can each location have its own prices?

Yes. A price list per location, per customer type or per season, with the history of what it used to be. The counter reads the list for where the sale happened.

Do I need inventories to run production?

Yes. Material has to come off a shelf and finished goods have to go back onto one, so the two work together and sit in the same plan.

Control

Controlled the way everything here is controlled

Who can adjust, transfer and write off
What you hold, what it is worth, what is still
Adjustments above your limit need approving
Name the documents your trade actually uses
Every movement recorded with its reason and person
Stock held per location, moved between them
One system

Stock is where four other things meet

A receipt puts stock in at what you paid for it
A transfer moves quantity and value between locations
A sale takes it out and writes what it cost you
A count corrects both the figure and the value
A run consumes it, and finished goods come back in
Every one of those writes to the same ledger

Move stock and watch the value follow

Receive goods at one location, transfer some to another, issue the rest to a run, then see what each location holds and what it is worth.